Why is Him Teknoforg. falling/rising?

As of 09-Jul, Him Teknoforge Ltd is experiencing a decline in its stock price, currently at 224.65, which reflects a decrease of 3.2 points or 1.4%. Today's price summary indicates that the stock has underperformed its sector by 2.09% and has reversed its trend after five consecutive days of gains. The stock reached an intraday high of Rs 233.95 but fell to a low of Rs 220, with more trading volume occurring near the lower price. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 9.59% and 10.72%, respectively. However, the company faces challenges, including a weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 7.10% and a high Debt to EBITDA ratio of 4.57 times. Additionally, 50.91% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
In the broader market context, Him Teknoforge's recent performance contrasts with the benchmark Sensex, which has only increased by 0.15% over the past week. While the stock has outperformed the benchmark over the past year with a return of 17.43% compared to the Sensex's 3.96%, the current decline suggests that investor sentiment may be shifting due to the company's financial vulnerabilities and the high percentage of pledged shares. The stock's attractive valuation relative to peers and consistent returns over the last three years may not be sufficient to offset the negative factors impacting its price movement at this time.